august isn't what it used to be in terms of a back to school month for retailers. it is spread out now. a lot of schools start earlier in the south so retails from the end of june, begunking of july through september is back to school. it is spread out a little bit. it is still a huge month. we get best buy earnings today as well. so it is important to see if people are spending on high end items like big korean tvs as well. >> as you mentioned a minute ago, the recession, there has been a lot of concern abouts a double dip recession but the oracle of omaha has spoken and apparently some people say we should be listening to what he has to say. >> when warren buffett speaks, people do tend to listen. he has medicine a little bit of money in the marketplace and knows which way the wind is blowing. he didn't see a double dip recession. he spoke at an economic conference yesterday and said look, we've hired more people in the last couple of months. our businesses, and he owns a lot of businesses an he has a lot of money in a lot of different companies, says things are